The retailers plan to freeze prices on 20 socially important items in an attempt to stabilize the food market, the Association of Retail Stores (AKORT) said on its website last week.
“The supermarket chains are certain that their actions will help stabilize the situation on the food market, in the interests of the population”, the Association said.
Retailers want to show their socially responsibility as food prices rise following the ruble’s plunge of over 40 percent to the dollar and the food import bans.
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